Area Development News Desk

01/15/2013

Related Research

Milwaukee Tool Corporation, is investing $6 million to expand its Brookfield, Wisconsin, research and development center, with a plans to create 128 jobs in the state’s southeastern region.

The firm plans to hire project leaders, design engineers, electrical engineers and technicians.“We are committed to our Brookfield facility as a critical component of delivering solutions to our core end-users and distribution partners with greater innovation and faster speed than any of our competitors,” said Ty Staviski, CFO of Milwaukee Tool. “With this commitment, we will continue to invest in and expand our workforce in Southeastern Wisconsin as we pursue new product and research opportunities.”

As part of the investment, Milwaukee Tool established a global rotary hammer advanced development center as well as an advanced motor development and prototyping center. In addition, Milwaukee Tool is expanding its accessories product line and introduced a Hand Tool line to meet the growing demand of its business channels. The company also expanded its accessory test lab and battery research capabilities.

“Milwaukee Tool’s commitment to southeastern Wisconsin speaks to the assets the region and state has as the foundation for this investment in Wisconsin,” said Reed Hall, Wisconsin Economic Development secretary and interim Chief Executive Officer. As an incentive The Wisconsin Economic Development Corporation approved up to $2.05 million in tax credits to assist in the expansion.